I donated to a charity in MA and received a community investment tax credit. How do I enter into the state return?

[mamajaguar1791]

No details on the form, just a number to enter.

[jlwcooper731]

It is under the Business Related Refundable Credit Information selection on the Massachusetts Credits page.

[herbelizabethelliott]

OK, I'll try that

[JoelW9]

I am surprised that Turbotax doesn't ask about this great state credit.  It's on Schedule CMS, Credit Manager Schedule.  You can go to the form at view forms.  There is a drop-down list in Section 1 that includes Community Investment Credit.  Select that and then enter the rest of the information.  Don't do anything in boxes 1b and 1c.   Boxes 1f and 1g allow you to carry credit over to the following year, if you want.

[CarissaM]

You are commenting on an old post. Is there anything we can assist you with @JoelW9 ?

[JoelW9]

Make sure next year Turbotax Massachusetts asks about the Community Investment Tax Credit!  It provides half-back in tax credit on donations over $1000.

[jcackerman]

Thanks for posting the above. I'm still having trouble finding this area. Do you mind providing step-by-step instructions so I can get to this area in the online product? Thanks.

[JohnW152]

With TurboTax Online open:

1. If you don’t see 2022 TAXES in the left pane, select the dropdown to the right of State Taxes on the Hi, let’s keep working on your taxes! page and then select Let’s get started, Pick up where you left off, or Review/Edit. 
   • Otherwise, in the left pane, select Your State Returns under State Taxes
2. Select  Start, Continue or Edit to the right of Massachusetts
3. Proceed through the state interview until you get to the Massachusetts Credits screen
4. Select Start to the right of Business related non-refundable credits
5. Select Yes on the Business Related Non-Refundable Credits screen
6. On the Business Related Non-Refundable Credit Information screen, select the dropdown for the Type of credit box.  Select Community Investment Credit.  Enter all relevant information, then select Continue
7. If your information looks correct on the Business Related Non-Refundable Credits Summary screen, select Continue.  Otherwise you can edit your information

To make sure that you qualify, see Community Investment Tax Credit  in the Form 1 Instructions.

@jcackerman 

[jcackerman]

Thanks - very helpful